Tools for Brokers, a technology provider for retail brokers and hedge funds, announced the appointment of Han Ong as the Head of its Singapore office, which was opened last year. The appointment came as a promotion after Ong joined the Singapore office as an Asia-Pacific Sales Manager last October.

Tools for Brokers’ New Singapore Office Head

In the new role, he will continue to work closely with the main regional stakeholders. Additionally, he will be responsible for developing and executing business growth strategies and building a strong team for the company.

“I am excited about joining the new role as Head of the Singapore office,” Ong said. “The Asian market plays a critical role for us, and we have many plans for Singapore, Thailand, China, and other APAC countries that I cannot wait to start working on. I am confident together we will make a difference for our clients and partners, helping them grow faster and further globally.”

Tools for Brokers provides a wide range of technology to the trading industry players. Its offerings include liquidity and white-label solutions. The Singapore office was the newest physical presence, opened last year to strengthen the company’s position in APAC strategically.

Apart from its presence in Singapore, Tools for Brokers operates from four other global offices, which are in Cyprus, Scotland, Russia, and the United Kingdom.

Ong’s Background

Ong joined Tools for Brokers with extensive experience and expertise from the financial services industry. Previously, he was the Chief Operations Officer of an unnamed forex and contracts for differences (CFDs) broker based in Singapore. He additionally had a seven months stint at AlgoHybrid, a technology provider in the financial services industry.

Though he started his career as a financial services consultant, he also worked for Gainforest Capital in a Business Development role. He also co-founded two companies: one was an equities research company, while the other specialized in aquaponics technology.